BUFFETT AND HIS NEGATIVE OPINION ON BITCOIN

Worldwide well-known and useful cryptocurrency, bitcoin was branded by billionaire investor Warren Buffett. This delusion has attracted many hackers.

Buffett, at CNBC interview on February 25, told that bitcoin is not rare at all.
Buffett mentioned that his negative point of view on cryptocurrencies will not change, because it attracts cheaters. He explained that if someone does something spurious just by selling yo-yos for example, it is not money at all, but if we go to Wall Street, we can see real huge money. He added that it’s a delusion.

At the end of 2017, bitcoin reached $20.000, but now it has lost more than 80% of its price. Today, it worth $3,842 a coin, according to a well-known data source of cost changes in crypto assets, CoinMarketCap.